Amendments to the Bank's fees since 01 September 2018

2018-06-22

Dear Clients,

Please be informed that part of the bank's fees will change since 01 September 2018. We kindly draw our attention to the major amendments.

Payment cards

To highlight benefits of „Debit Mastercard Business“  to corporate customers, its  issue and update fee is reducing.

Monthly fees applicable to debit card administration are increasing for both private and corporate customers. Please note that administration fees shall no apply to on debit cards of those clients who use the bank's service plan.

Bank accounts

Account servicing fee will also slightly increase and amount to EUR 2 for corporate customers and EUR 0.6 for private individuals per month. Please be reminded that the account servicing fee shall not apply to the clients using a monthly service plan.

Cash transactions

For withdrawal or deposit of cash we recommend using the ATMs of Šiaulių Bankas that are conveniently located throughout Lithuania. Depositing or withdrawing cash in the bank's units a minimal fee will increase to EUR 2. Changeover of cash into other denominations of the same currency will also increase and amount to 5 per cent of the changeover amount.

Transfers

To unify fees for execution of transfers in euro in the bank's unit regardless of whether the transfers in euros are executed between own or other clients' accounts with a bank or across entire Europe as well as for paying the bills or settling e-invoices in the bank's unit or making transfer in other currency within the bank the same EUR 2 fee shall apply.

When executing transfers abroad where foreign bank fees must be paid by the payer (OUR), an additional fixed fee of EUR 10 will be established. Executing payments in all currencies to the EU and EEA only shared fees shall apply (SHA). These amendments are related to the European Union Payment Service Directive 2.

Service plans

The most convenient way to handle financial issues is to use Service plans. Since September 2018 the monthly fee applicable to the service plan Traditional for the Loyal clients and Seniors will change and comprise EUR 0.7.

Other services

Please note that the fees applicable for other services not mentioned above including additional services related to transfers, currency trading, documentary settlements and guarantees, investment services, preparation of certificates and dispatch of documents, rent of safes, escrow payments and some other fees are also changing.

All amendments that will come in force since 1 September 2018 are available here.

In case of any queries,  do not hesitate to contact us by tel. 1813 ( +370 37 301 337 when calling from abroad), e-mail to  kc@sb.lt  or visit any customer service points of Šiaulių Bankas.

Yours,

Šiaulių Bankas

Clients who agree with the updated service fees of Šiaulių Bankas do not need to take any further action. Clients who disagree with the amendments to Service Fees have the right to terminate a bank account, a payment card issue or other service agreement that is relating to the amended fees as stipulated in the General Rules for provision of services of Šiaulių Bankas by by informing the bank in writing prior to the effective day of the updated fees. It shall be deemed that the Client agrees with the published amendments if he/she does not inform Šiaulių Bankas regarding his/her disagreement prior to the effective day of the amendments.